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Latest: Asia Stock Market News

TransPacific Cargo Trade Decimated by Trump’s Tariff War
TransPacific Cargo Trade Decimated by Trump’s Tariff War

Seaborn trade from Asia to the US has plummeted, with a vast number of freight shipments cancelled and China's once-bustling ports now at a standstill because of the tariff war launched early this month

Concern Rises on Delisting of Chinese Firms on US Exchanges
Concern Rises on Delisting of Chinese Firms on US Exchanges

The intensifying trade war – and a remark by one of President Trump's top advisers – has put the spotlight back on possible forced delisting of Chinese companies from US stock exchanges

Trump Wants Defence Costs Part of Tariff Talks With Asian Allies
Trump Wants Defence Costs Part of Tariff Talks With Asian Allies

Japan and South Korea have tried to separate the defence costs issue, but Trump appears determined to extract an economic payoff, critics say

Chinese Exporters Bank on Discounts, Patriotism Amid US Tariffs
EU Rejects US Offer to Cut Tariffs if it Pulls Away From China – IT
Nvidia and China Tech Giants Hit by Latest US Chip Clampdown
China Says it Will ‘Shake Hands Not Fists’ to Beat US Tariffs
Honda to Shift Most Mexico, Canada Car Production to US – Nikkei
Trump Tariffs Could Hit US-Made Drugs in China, Data Shows
China Halts Rare Earth Exports, Warns US on Deep-Sea Metals ‘Plan’

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Markets: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors